Zhongrun Resources Investment Corporation Posted 89.2 Million Yuan Net Loss in First Half of 2023

Zhongrun Resources Investment Corporation (中润资源投资股份有限公司) (000506.SZ) reported a net loss of 89.2 million yuan in the first half of 2023, reversing a net profit of 227.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 154.2 million yuan in revenue, up 14.4% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 64.5%.